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Latitude Title

Escrow Officer / Escrow Processor

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What they do

An Escrow Officer assists in the variety of tasks that are necessary to the completion of property transactions, from the position of neutral third party. Performs tasks that include preparing escrow instructions, holding and disbursing funds, preparing title documents and obtaining parties' signatures on paperwork.

$52,921 / year median in Texas

-6% projected decline

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Job Description

Primary Duties and Responsibilities:
Manage the overall closing process. Maintain professional relationship with customers. Provide status of the transaction throughout the closing process to the appropriate customers. Review contract, title commitment, and lender instructions in order to prepare settlement statements and the necessary real estate documents for closing. Submit an error free HUD-1 settlement statement to lender for approval. Provide a professional closing experience to include: obtaining appropriate signatures, handling of good funds, and meeting all title and lender requirements. Complete knowledge and ability to handle a commercial real estate transaction from the receipt of the contract through funding and disbursement. Prepare the closing file for the disbursement department according to the company disbursement guidelines. Resolve all post-closing reconciliation issues including company reports and according to company time frames.
Other Duties and Responsibilities:
Team player and mentor to closing assistant/closing team. At times assisting the closing assistant to obtain and/or update file information when needed for processing. Closer must know and be able to perform every task of the closing assistant duties as well as their own. Constant communication with assigned closing assistant. Identify areas for improvement. Assist in training new employees. Other duties as assigned by the Supervisor and/or Closing Manager.
Qualifications:
5 plus years of license Escrow officer. Less than 2% claims ratio Solid knowledge of title insurance, regulatory guidelines, legal documents, and real property law. Ability to build and maintain productive customer relationships. Ability to work remote and independently.
Note:
This job description is not intended to be an exhaustive list of all duties, responsibilities, or qualifications associated with the position. •All applicants will be subject to a background check.
Job Types:
Contract, Full-time Benefits:
Dental insurance Health insurance Vision insurance
Schedule:
8 hour shift Monday to
Friday Supplemental Pay:
Commission pay
Education:
High school or equivalent (Preferred)
Experience:
Commerical Escrow Officer:
2 years (Required)
Language:
English (Required)
Work Location:
In person
Job Type:
Full-time Pay:
$40,000.00 - $60,000.00 per year
Benefits:
Employee discount Paid time off
Experience:
Escrow officer: 1 year (Required)
Work Location:
In person